MBN
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0.00% 8.3¢ mirabela nickel limited

oversold, page-9

  1. ProPunter23Red
    2,889 Posts.
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    02/02/12
    14:32
    Post #: 9634994
    I disagree, it can be good for MBN and more than likely is.

    Less supply should translate to higher prices.

    The WA operations are not competitive with very high input AUD labour costs and a strong aussie dollar (1.075 today) not good for the export sales priced in USD.

    Mirabella has a competitive advantage over the Aussie Nickel mines as they operate with lower labour costs in Brazil.


    MBN Price at posting: 88.8¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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